The Journal of Commerce Ranks Top 100 Importers and Exporters for 2010, Report Finds Mixed Signals for Recovery Balanced with Optimism
NEWARK, N.J., June 1/PRNewswire/ -- Trade recovery so far this year is real, and relief is abundant, reports The Journal of Commerce in its annual Top 100 Importers and Exporters report. The special edition features exclusive rankings of the Top 100 importers and exporters of containerized goods for 2009, along with market segment analysis, valuable economic insight and expert commentary.
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The report finds that the country's largest importer, Wal-Mart Stores, reduced its import volume by 36,000 containers in 2009, or 5.3 percent fewer than in 2008. The deepest reduction in container volume among the top-tier retailers, however, came at Costco Wholesale, which reduced its container imports by more than 29,000, or 15 percent. The reductions came amid declining consumer demand, particularly during the downturn in the first nine months of the year, and as companies reduced packaging and narrowed inventories.
The JOC Top 100 special edition includes investigative articles exploring the current and future marketplace for key sectors, including retail, agriculture, forest products, furniture and electronics.
Pushed to go leaner, many retailers have discovered changes they made to get through the recession continue to boost their bottom lines. A Top 100 feature story on the ever-changing dynamics of the global supply chain includes a study of an overhaul at Home Depot, the nation's largest home-improvement retailer and No. 3 on the ranking of Top 100 Importers.
Also in this week's JOC, the Cover Story investigates the high stakes of transportation interests jockeying for position in the next round of federal funding. Without the traditional modal boundaries and restrictions, the Department of Transportation's grant structure for freight infrastructure has ports smarting from losses in the first round and has their customers concerned that U.S. ports will be able to remain competitive.
To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.
Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.
To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC Events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Transpacific and Transatlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.
About UBM Global Trade - UBM Global Trade, formerly Commonwealth Business Media, Inc., has been the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide since 1827. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, The Journal of Commerce Events, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States and in Canada and Hong Kong. For more information, explore www.ubmglobaltrade.com or call 800-221-5488 (+1-973-848-7250 outside the U.S. and Canada).
SOURCE The Journal of Commerce
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